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of <h1>RBI Releases Draft Guidelines for On-Tap Licensing of Small Finance Banks; Public Feedback Open Until October 12, 2019.</h1> The Reserve Bank of India (RBI) has issued draft guidelines for the on-tap licensing of small finance banks in the private sector. This follows an announcement made in the Second Bi-monthly Monetary Policy Statement for 2019-20. The draft guidelines are available on the RBI website for public and stakeholder feedback. Comments and suggestions are invited until October 12, 2019, and can be sent to the Chief General Manager at the Department of Banking Regulation, RBI, Mumbai, or via email.
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